Top 5 Richest Entrepreneurs

5) Samuel Moore Walton

​Country of Origin: USANet Worth: 149billion(2015) Forbes for the Walton family. Mr Walton died in 1997.Notable Entrepreneurial Endeavour: Wal MartUnique factor: Using the process to create success every day.

​Mr. Walton bought his first store at the age of 26(in 1945). Unlike our other entrepreneurs the product was not the focus but the process. Sam owned retail stores and made his sales grow in double percentage points via having good practices such as keeping the shelves well stocked. After the initial success WalMart with the official name was opened in 1962. Samuel would encourage his managers to buys stakes in the shops that they were operating hence increasing the motivation levels of his managers. He further made it easier for his managers by constantly introducing new technology for processes such as inventory management to the effect by 1988 90% of the Walmart Store had Bar Codes. All of these tactics allowed WalMart to charge lower prices than their competitors and hence increase their sales continuously. Sam is the 5th best entrepreneur because he mastered the art of process to create success.

​Steve was born to a Syrian father and was given up for adoption where he took the surname Jobs. Known for being an eccentric and a “loner” jobs had the air of unconventionality when he was young. After his travels in India, Jobs capitalized on the opportunity that his friend named Wozniak provided him and co-founded Apple. His was resilient and after being kicked out of his own firm, he went on to work in Pixar where he started a new trend of high quality animated movies through films like Toy Story and Star Wars. After coming back to Apple Jobs engineered products for which the technology was often bought from other firms but jobs just know just how to market it to create minimalist products like I Pod and I Phone. He had the ingenuity in him to find out that what people wanted in their possessions was not the possession itself but the extension of their own self into the device that they were buying. Jobs was not only creative in designing products but was creative in extracting revenue from them. While earlier firms simply looked at the device as a onetime revenue, jobs looked at it as a life time revenue and as a result I-tunes has dominated the online music purchase since a decade and the App Store has dominated the mobile phone software market(a.k.a App). He is the 4th best entrepreneur because of his ability to convert creativity to success all of his life.

3) Larry Ellison

​Larry was born to an unwed Jewish mother who later gave him away for adoption. Being named after the Ellis Island Larry first encountered computer design in 1966. After coming over the idea of relational database in 1970’s he created his firm on the bases of relational database in 1977 which went through a series of name changes to become Oracle in 1982. Larry weathered competition from established firms such as IBM and waited for his opportunity. He got what he waited for when IBM kept its business to mainframe computers and hence allowed Oracle to enter the Microcomputers industry which allowed Larry to become the sixth richest person in the world. He is the third best entrepreneur for staying focused on the idea of relational database and adapting it to the changing years as his dream grew to take over the world.